Eurozone: Currency Union, Economy & Impact (Benefits, Drawbacks, How It Works)

What’s it: The Eurozone is an area of ​​the European Union (EU) that adopts the Euro as its official currency. Of the 28 EU members, nineteen of them adopted the Euro as their currency, namely France, Germany, Austria, Belgium, Cyprus, Estonia, Finland, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Portugal, Slovakia, Slovenia, and Spain. The … Continue reading Eurozone: Currency Union, Economy & Impact (Benefits, Drawbacks, How It Works)